As we can see in this graph, STT stock seems to be following a bearish pattern (orange lines). It just hit the and bounced on the bottom line, so we can take advantage of the movement with a long position. Starting from the bottom, in green we highlighted 3 signals:
-STOCHASTIC: even if it still is in the oversold area, we can see that the signal line has just...
Using our Elliott Wave Indicator Suite for the TradingView Platform we have identified a potential Long 5th Wave Swing Trading Opportunity for STT on the Daily time frame . The 5th wave move in an elliottwave sequence is the highest probability move. The catalyst for the current wave 4, profit taking, pullback was Earnings and it does seem to have found...
Wait for daily close above the yellow neckline, or a retest of the top of said neckline. Would prefer higher volume on the breakout, but there does seem to be volume correlation around the left shoulder and head.
If the breakout holds, immediate target would be ~$72
This is a short term trade in AUDCHF, after breaking the descending trendline, we believe that momentum would likely continue to the upside, therefore we will be buyers if price moves to the 0.68639 level.
State Street Corporation is a financial holding company. The Company operates through two lines of business: Investment Servicing and Investment Management.
We are waiting for new peaks from this paper. Be careful in case of consolidation of the price near the upper border of the trend (the upper green line).
P/E 18.09
Forward P/E 12.64
Open 106.61
SL 104.51
TP...
